Start-Up Corner

Start Up Corner: Legal AI company NexLaw

Start Up Corner: Legal AI company NexLaw

NexLaw is an AI legal tech startup company founded in 2023. Here the founders tell us their genesis story and what sets them apart, as well as a little known
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Legaltech Latest: Entegrata closes seed funding for data lakehouse business as Caddi launches following $5m backing 

Legaltech Latest: Entegrata closes seed funding for data lakehouse business as Caddi launches following $5m backing 

Entegrata helps law firms centralise their data, while Caddi is an innovative AI automation solution. Both have raised seed funding this month.  US data lakehouse solution provider Entegrata announced yesterday
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LawtechUK receives further £1.5m to drive legal startup investment

LawtechUK receives further £1.5m to drive legal startup investment

At the UK Lawtech Conference yesterday (12 March) Justice Minister Sarah Sackman announced that the LawtechUK programme will receive a further £1.5m investment to help startups to attract further private
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Mishcon de Reya selects AI invoice-to-cash platform Oddr in first UK win

Mishcon de Reya selects AI invoice-to-cash platform Oddr in first UK win

UK Top 20 law firm Mishcon de Reya has chosen Silicon Valley-founded AI invoice-to-cash platform Oddr to help transform its billing and collections operations, we can reveal. This is the
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Comment: Harvey’s $300m raise – You cannot ignore the speed of adoption

Comment: Harvey’s $300m raise – You cannot ignore the speed of adoption

We speak to clients and investors about what this raise means to them, to Harvey, and the market  Legal generative AI original Harvey last week announced a long-rumoured $300m Series
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Thomson Reuters announces new $150m corporate VC fund

Thomson Reuters announces new $150m corporate VC fund

Thomson Reuters this week announced the launch of its second Corporate Venture Capital Fund, valued at $150m. Its first $100m fund was launched in 2021. Continuing to operate under the
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UK ‘legal AI for finance’ software provider Semeris raises £3.5m

UK ‘legal AI for finance’ software provider Semeris raises £3.5m

UK-founded capital markets AI software provider Semeris has raised £3.5m led by growth capital fund Puma Growth Partners, which provides lending to SMEs across all sectors in the UK. Semeris
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Exclusive: CRM vendor Nexl to acquire revenue operations startup Databall  

Exclusive: CRM vendor Nexl to acquire revenue operations startup Databall  

Australian-founded client relationship management vendor Nexl is set to acquire revenue operations startup Databall, which helps customers to plug revenue leaks and use data to maximise their client relationships. The
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Real world reflections on Gen AI hallucination and risk

Real world reflections on Gen AI hallucination and risk

In a year of big advances for legal Gen AI tools, it is nonetheless clear that Stanford University’s controversial paper on hallucination continues to cast a long shadow over product
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“The Gen AI LLM benchmarking war starts here”: Harvey releases new evaluation framework  

“The Gen AI LLM benchmarking war starts here”: Harvey releases new evaluation framework  

Gen AI startup Harvey has released a benchmarking framework for quantitatively evaluating the performance of large language models on real-world legal tasks. The model supplements, it says, prior work that
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Definely secures £585,000 Innovate UK grant

Definely secures £585,000 Innovate UK grant

UK-founded legal tech startup Definely has been awarded a £585,000 grant from Innovate UK. The funding, which closely follows Definely’s $7m Series A in May, will support Definely’s focus on
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Build Legal Tech: Gaby Isturiz launches a go-to resource for the startup world

Build Legal Tech: Gaby Isturiz launches a go-to resource for the startup world

Legal technology entrepreneur and investor Gaby Isturiz has launched a practical guidance and expert-led newsletter for people in the startup world who are interested in scaling companies. Build Legal Tech
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Robin AI hires Microsoft principal research manager as VP of AI

Robin AI hires Microsoft principal research manager as VP of AI

UK-founded contract review assistant Robin AI has appointed Carina Negreanu PhD as its vice president of artificial intelligence, joining from Microsoft, where she was principal research manager. Negreanu has been
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Bird & Bird kicks off Leya POC after firmwide upskilling programme

Bird & Bird kicks off Leya POC after firmwide upskilling programme

Bird & Bird has launched a proof of concept across multiple offices with Leya, a Swedish AI legal tech startup that has found success in Europe and recently officially entered
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Legal AI startup Clearbrief raises $4m financing

Legal AI startup Clearbrief raises $4m financing

Clearbrief, a Word add-in AI provider that helps lawyers with legal writing, has raised an additional funding round of approximately $4m, bringing the total funding to $8m since it was
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Document verification vendor Atticus raises £5.6m in first fund round

Document verification vendor Atticus raises £5.6m in first fund round

Fast-growing Australian verification software company Atticus has closed a £5.6m (AUS $10.84m) minority investment from Skip Capital and Blackbird Ventures. Developed as a faster, easier way to fact-check critical documents
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New tech: Isabel Bathurst tells us about LegalAi and AsKAi

New tech: Isabel Bathurst tells us about LegalAi and AsKAi

We spoke to CEO Isabel Bathurst to find out more about her brand new startup, LegalAi. LegalAi has launched AsKAi – or Kai for short – as a digital worker
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